04:17 AM EDT, 07/28/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our target price to USD260 from USD230 based on an EV/EBITDA of 18.4x (+3 standard deviations above the three-year average valuation). We believe that FERG deserves a premium valuation due to its successful U.S. restructuring, Fortune 500 debut, and strong execution in a fragmented USD340B market. FERG debuted on the 2025 Fortune 500 at No. 146, underscoring its strong role in the USD340B North American construction market. The ranking was based on FY 24 (Jul.) revenue of USD29.6B and its U.S. headquarters move in August 2024. CEO Kevin Murphy credited the milestone to the team's efforts, customer ties, and value-added leadership, highlighting Ferguson's growing influence and operational strength across construction sectors. We maintain FY 25 EPS at USD9.06 and FY 26 EPS at USD9.91. FERG remains a Buy due to its dominant position in the U.S. construction supply chain, strong earnings growth, and consistent market share gains.